Full time – 35 hours per week
Location: Edinburgh (Hybrid)
Salary: £44,000 – 53,000 (depending on experience)
Who are we:
ICAS is a global professional body for accountants. We educate, regulate and lead, enabling excellence while always working for the greater public good. Formed by Royal Charter in 1854, we have over 22,000 qualified CAs, a qualification which has shaped an international business community spanning industries and continents. Our regulated community covers a variety of different disciplines, including general medicine, auditing, insolvency and tax.
What is the job:
ICAS performs a range of important regulatory functions, including the investigation of complaints against members and companies, and various tasks associated with licensing, monitoring and DPC. Performing these duties to a high standard ensures that ICAS fulfills its public interest mandate, while protecting the strong reputation of the CA qualification.
The Regulatory Lawyer role is new to ICAS, providing an exciting opportunity for someone to apply their legal skills to these various regulatory functions.
The incumbent will play a central role in the investigation of complaints received by ICAS, corresponding with parties, collecting and evaluating evidence, reporting to the Investigation Committee and occasionally appearing in court. discipline or appeal.
They will advise on regulatory functions, working closely with the Licensing Committee on decisions that may negatively impact a Member or business – for example the withdrawal of a license or application of a financial penalty. This will involve writing letters, reports and presenting questions at regulatory hearings.
Further editorial work will be required on new and amended regulations, as well as guidance notes and articles to promote best practice to members and businesses.
This is an excellent opportunity to develop skills in a dynamic and constantly expanding area of law, with practical experience and a high level of autonomy.
Who do we need?
We are looking for a lawyer with a valid practicing certificate who has experience in regulatory, criminal or civil law, as well as exposure to commercial contracts and/or claims work.
Candidates should have a keen eye for detail and a naturally inquisitive nature. A person adept at handling regulatory matters with integrity and discretion, with an open mind and an ability to ask the right questions to uncover the necessary details. Some issues can be very complex in nature, so does someone who has the tenacity and foresight to navigate them to a clear and fair conclusion. All regulatory functions within ICAS work to define processes and are governed by regulations, compliance with which is of paramount importance.
Regulatory teams are relatively small and work closely together. Therefore, to be a successful addition to the team, we need someone with a very collaborative nature, able to work well with others and integrate easily into that team, build effective relationships and to have a positive and open approach.
Excellent oral and written communication skills are also essential qualities to possess. The Regulatory Lawyer will liaise and communicate with a wide range of people, handle a wide range of regulatory issues, and work with a wide range of technical issues that may take you out of your comfort zone.
- Investigate complaints received by ICAS in accordance with rules, regulations, internal protocols and any applicable KPIs.
- Advance applications for continuation or reinstatement of ICAS membership in accordance with the provisions of the Retention and Reinstatement Rules.
- Draft reports, letters and other communications regarding various regulatory matters, including communicating adverse rulings to regulated persons and businesses.
- Provide quality advice and support to individuals submitting queries through the ICAS helpline or web portal.
- Provide quality legal advice and assistance to members of regulatory teams who are not lawyers, to ensure that regulatory matters are handled in accordance with rules, regulations, internal protocols and any applicable KPIs.
- A key report to the authorization and investigation committees, working with the directors of the regulatory teams regarding all work required before, during and after committee meetings. Assist committee members to ensure their processes operate in accordance with internal rules, regulations and protocols.
- Contribute to the development and implementation of ICAS regulatory strategy, innovate and advance all related strategic and policy initiatives, pursuing continuous improvement.
ICAS places equality, diversity and inclusion at the heart of everything we do. With our partner organizations, we are committed to building a diverse membership and workforce that benefits everyone and enables our communities to learn, grow and move forward together.
Please send your CV and cover letter to [email protected]
We look forward to hearing from you.